Technology Briefing | Hardware: Video Game Industry Sales May Rise

By Matt Richtel (NYT)

Published: November 20, 2002

Bucking tough economic times, the video game industry is poised this year to post record annual sales, according to NPDFunworld, a video game market research firm. The company, based in Port Washington, N.Y., projects that in 2002, the combined sales of video game platforms, like Sony's PlayStation II, and games played on those platforms should exceed $10 billion. That figure bests last year's figure of $9.4 billion, which was also a record. The projection is in line with earlier analyst estimates; analysts say the strong returns reflect several factors, notably the fact that Sony, Microsoft and Nintendo recently introduced new game platforms. Matt Richtel (NYT)